Studies show that most people have yet to embark on a retirement plan, although their mindsets are changing, and they know the value of financial planning.

Risk-taking ability is vital in retirement planning, as it can determine the pace of the portfolio’s growth and volatility, but how can you assess your risk appetite?

During rising inflation, guaranteed return schemes often struggle, so senior citizens can also explore some equity exposures depending on their risk appetite. Learn more

Did you know that there are types of pensions plan available for your retirement? You have to choose the right one as per your requirements, risk appetites and tax efficiency

Senior citizens are usually suggested to avoid taking financial risks because they are usually not in a position to take risks because of age-related limitations. However, there are some situations when it is fine for them to take the risk. Here they are

You may think of investing and saving later to splurge the money now and have fun. But that later comes a little too late. The result is you start investing large sums in risky assets to cover up for the lost time, which does not help

Post-retirement risk appetite usually comes down. So, you must invest in equity instruments when working towards your retirement corpus.

Investing for a tax-saving purpose need not be a last-minute activity. Senior citizens can't afford to make a mistake in their tax-saving exercise. Understanding various options, selecting the right one, and putting in an appropriate amount should be the outcome of a well-thought-out plan.